Senior citizens are often the target of a number of scams. They can get help in both identifying and preventing various forms of fraud from occurring. There are organizations, such as Agency on Aging centers that will assist with addressing financial, medical, telemarketing, or any other types of scams. The solutions available to the elderly range from providing free legal advice to credit counseling and much more.
It is estimated that as many as one million elderly people fall victim to one or more scams each year. It is a diverse group of individuals that are impacted as well. It does not matter if the senior citizen is living in poverty or “well-off”, if they have a college degree or not, and their age is not a factor. The fact is that fraud can hit people of all backgrounds, races, and religions.
There is no one reason why older people are targeted. Maybe some seniors are lonely and looking for someone to talk to. Maybe they are concerned whether their savings will last through their retirement. Or maybe they are looking to make a few dollars so they can provide more financial stability for their next of kin. There can be dozens of possible reasons why the elderly fall victim to these scams. No matter the reason why, help is available.
Prevention is the key. The most important thing for a senior to do is to ask for help or advice before agreeing to any type of arrangement with a company. Never be pressured into any type of deal before asking for assistance. There are several things to note.
Scammers will often try to pressure an elderly person into given out information. Remember nothing is ever that urgent. Any person or company that says they need an immediate reply is not going to be legitimate and they are trying to pressure the person.
Always ask for advice from a third party. There are several places that a senior citizen can contact. They include Agency on Aging Centers, health insurance hotlines such as Senior Medicare Patrol (Medicare Fraud Protection), pro-bono legal firms, and many other options. Almost all of these fraud prevention services are free.
Medical and health insurance issues are normally deal with by the Senior Medicare Patrol (SMP). This is a group of volunteers that focus on assisting Medicare and Medicaid beneficiaries. They can also deal with any Affordable Care Act (ACA), or Obamacare, issues.
Volunteer can answer questions on what government health care programs can pay for. SMPs staff can go over the client's Medicare Summary Notices, look for medical billing errors, and help the elderly avoid falling for any number of health care scams. As there are companies that promise things, such as very low cost insurance, prescription medications, and more to the elderly, and many of those are illegal promises. Read more on SMP - Senior Medical Patrol.
Agency on Aging Centers are located in all 50 states, and most counties have a local office. These are federal government affiliated not-for-profit organizations that provides dozens of assistance programs to senior citizens. One of their core responsibilities is on try to stop the elderly and even the disabled from being scammed. Their services focus on dealing with telemarketing fraud, identify theft, medical care issues, internet scams, and much more.
The centers employ both full time staff and volunteers. They also have extensive partnerships with other organizations in their local communities, such ad credit counseling agencies or social service groups. All of these different groups look out for vulnerable elderly members of the community, whether they are low or high income earners. If there is ever a question that an older adult has on how to prevent a scam from being run on them, they can contact an Agency on Aging Center. For referrals, dial 1-800-677-1116, or find FFFFFF financial aid from government.
When an elderly person has been scammed, or if they have questions on whether fraud is occurring or not, the dozens of pro-bono law firms that are part of the Legal Services Corporation can provide free advice. Attorneys are involved in providing support to senior citizens and preventing financial abuse. The best part is that the assistance is available at no cost to the client, regardless of their income.
They answer questions on internet scams as well as income tax cases, including IRS scams. There are also predatory lenders that try to take advantage of senior citizens, and the lawyers can also help the senior deal with those companies. Dozens of other forms of fraud can be addressed by the Legal Services Corporation, and they help people enter into wills, applying for housing, and much more. Find legal advice for free.
Counselors from Department of Justice certified credit counseling agencies can provide support on recovering from financial scams. They can help seniors rebuild their credit if they were impacted by identify theft. There are also many debt collectors that are very aggressive when dealing with the elderly, and those practices are often border line illegal. Counselors can therefore help in stopping those collection efforts as well as provide assistance on loans and more. Find more help with debts and loans.
If there is any question at all, call one or more of the organizations above for help. That being said, it is always worthwhile to have more knowledge though. Therefore here are additional things to be aware of, or on the lookout for.
Those are a few tips to follow. As noted, always report elder abuse fraud. This will prevent other seniors from being hit as well by the same companies. Never be embarrassed to report it as well, as hundreds of thousands of elderly people are impacted by one or more scams each year. State, local government offices, and the federal government can all be notified of fraud occurring, or call the Agency on Aging referral number above.
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